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Feb 16, 2013
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. >> and that would force our senior citizens and working families to bear the burden of deficit reduction and others nothing more. >> and even with the looming crisis, congress is taking the next week off. >> kelly: thank you. >> congress can figure out a responsible way to deal with the looming financial crisis. angela mcglowan, and penny lee, joining me for this beautiful afternoon, ladies. >> thank you. >> we're not hearing any talk of compromise for a 11th hour deal being worked out. what are the consequences here and who will face the brunt of this, penny? >> well, unfortunately right now we're at a time in washington they don't face the crisis until it's absolutely the 11th hour. we see this time and time again and sequestration has been known. this has been out there the last part. better part of nine months and in part because the super committee failed to come up with an alternative to this plan and unfortunately, the cuts would be delayed and over a decade and we won't feel the immediate cause of it, so, congress is going to probably do what they usually do, which is kick it dow
. >> and that would force our senior citizens and working families to bear the burden of deficit reduction and others nothing more. >> and even with the looming crisis, congress is taking the next week off. >> kelly: thank you. >> congress can figure out a responsible way to deal with the looming financial crisis. angela mcglowan, and penny lee, joining me for this beautiful afternoon, ladies. >> thank you. >> we're not hearing any talk of compromise for a...
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Feb 16, 2013
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reduction. >> over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion, which puts us more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances. now we need to finish the job. >> in the midst of all this, congress taking next week off for president's day. arthel? >> arthel: i'm chuckling. steve, thank you very much. >> you bet. >> new reports say that murders thankfully are now plummeting in the notorious mexican city of juarez. clearly that is good news from a safety standpoint. but it's causing for some a viesing problem for the real estate market on the u.s. side of the border. patrick manning has the details in el paso, texas which is on the other side of the river from juarez. >> yes, hi there. two years ago when the violence over in juarez, just on the other side here, started to see escalating murders related to drug violence. a lot of the people who live over there decided to move over here to el paso. many of them moving into apartments. some of them even buyin
reduction. >> over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion, which puts us more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances. now we need to finish the job. >> in the midst of all this, congress taking next week off for president's day. arthel? >> arthel: i'm chuckling. steve, thank you very much. >> you bet. >> new reports say...
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Feb 17, 2013
02/13
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because the lowest single annual deficit in his own budget was $600 billion in one year. going up every year thereafter. they are adding $13 trillion to the debt. it absolutely added to the debt. it absolutely spent money that we could only borrow that we did not have. and we would never in a -- we were never in a position to pay down the debt. such a fundamental false statement to the american people, lulling them and telling the american people we are okay, we have got a budget plan that is going to fix america's problems when just the opposite is true. just the opposite. we need leadership from the white house. we needed leadership and honest report from the budget director. we didn't get it. i don't think he ought to be promote. >> shannon: one word answer because we are out of time. would you filibuster him? >> we'll see. i haven't decided. i'm definitely oppose to the nomination. >> shannon: thank you. good to see you. this morning tens of thousands of people jam inside st. peter's square for one of their last chances to see pope benedict. the pontiff's regular bles
because the lowest single annual deficit in his own budget was $600 billion in one year. going up every year thereafter. they are adding $13 trillion to the debt. it absolutely added to the debt. it absolutely spent money that we could only borrow that we did not have. and we would never in a -- we were never in a position to pay down the debt. such a fundamental false statement to the american people, lulling them and telling the american people we are okay, we have got a budget plan that is...
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Feb 10, 2013
02/13
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he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600 billion in tax revenue. we are not at the issue of spending cuts. no one wants to talk about it in either party. there is leak today that the president in the speech will talk about debt and deficit reduction because they saw the pew poll that shows this is what people care about. the polls show it. the public pegs this debt problem to the part of the reason why the economy is lagging yet the president ignores this. >> he never mentioned any of this in the inaugural. remember, it is not a spending problem? he never mentioned the economy and now the numbers are
he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600...
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Feb 17, 2013
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senate report that basically we have a retirement savings deficit. we don't have enough money for the next generation, some six trillion dollars. it's $57,000 per household. that is lot of money. i think it's very, very tragic. for the first time, generations have done better than past generations but the next one may not be. >> kelly: i was looking at the stats that said the 401-ks they are averaging about $77,300 and that is not enough for retirement. >> that was based on data from fidelity investment. we don't know the older people closer to retirement and if they are younger they can still play catch up. there are things you can do to catch up basically. >> kelly: you make a valid point if you are younger you can catch up, but when you are 50 and beyond, it gets kind of dicey there, what is your advice to people of putting money and socking it away? >> the first one is realize that basically you are in charge of your retirement. benefits are going to have to be cut, social security and medicare and medicaid entitlements are the biggest part of ou
senate report that basically we have a retirement savings deficit. we don't have enough money for the next generation, some six trillion dollars. it's $57,000 per household. that is lot of money. i think it's very, very tragic. for the first time, generations have done better than past generations but the next one may not be. >> kelly: i was looking at the stats that said the 401-ks they are averaging about $77,300 and that is not enough for retirement. >> that was based on data...